SCHEDULES

SCHEDULE 3Monetary penalties: procedure, appeals and recovery etc

Interest and recovery

I14

1

This paragraph applies if all or part of a monetary penalty imposed on a provider under section 15 is unpaid by the time when it is required to be paid.

2

The unpaid amount of the penalty for the time being—

a

carries interest at the rate for the time being specified in section 17 of the Judgments Act 1838, and

b

does not also carry interest as a judgment debt under that section.

3

The total amount of interest imposed under sub-paragraph (2) must not exceed the amount of the penalty.

4

The OfS may recover from the provider, as a civil debt due to it, the unpaid amount of the penalty and any unpaid interest.